1.19 Market Research Report $BTC $ETH $LOOM

Bitcoin briefly fell below $41,000 this morning, down 3.14% in 24 hours

U.S. SEC delays decision on Fidelity Ethereum spot ETF application

Market analysis:

BTC briefly fell below $41,000 this morning, with a 24-hour decline of 3.14%. Judging from the K-line trend, after the market moves up out of the previous low area, it quickly moves downward to wash the market. Don’t worry, it will rise again after sideways fluctuations and further digestion.

​

As mentioned yesterday, ETH broke through the pressure level downwards and slowly moved upwards. On the 17th, it used the upward pulling method, and in the morning it used the downward suppressing method. The market trend is very technical and very annoying, and it is easy to go up and down. Pin.

Today’s focus points

Upper pressure 41700-42400

Lower support 40600-40400

​